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RB Global (RB Global) Cyclically Adjusted FCF per Share : $1.93 (As of Mar. 2024)


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What is RB Global Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

RB Global's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.277. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $1.93 for the trailing ten years ended in Mar. 2024.

During the past 12 months, RB Global's average Cyclically Adjusted FCF Growth Rate was 11.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 16.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 21.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 27.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of RB Global was 54.20% per year. The lowest was 13.30% per year. And the median was 28.60% per year.

As of today (2024-05-29), RB Global's current stock price is $74.21. RB Global's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.93. RB Global's Cyclically Adjusted Price-to-FCF of today is 38.45.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of RB Global was 151.06. The lowest was 28.14. And the median was 50.43.


RB Global Cyclically Adjusted FCF per Share Historical Data

The historical data trend for RB Global's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

RB Global Cyclically Adjusted FCF per Share Chart

RB Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 1.34 1.64 1.92 2.01

RB Global Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.73 1.82 1.86 2.01 1.93

Competitive Comparison of RB Global's Cyclically Adjusted FCF per Share

For the Specialty Business Services subindustry, RB Global's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


RB Global's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, RB Global's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where RB Global's Cyclically Adjusted Price-to-FCF falls into.



RB Global Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, RB Global's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.277/131.7762*131.7762
=0.277

Current CPI (Mar. 2024) = 131.7762.

RB Global Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.084 100.560 -0.110
201409 -0.231 100.428 -0.303
201412 0.453 99.070 0.603
201503 0.969 99.621 1.282
201506 0.417 100.684 0.546
201509 0.106 100.392 0.139
201512 0.224 99.792 0.296
201603 1.489 100.470 1.953
201606 -0.216 101.688 -0.280
201609 0.003 101.861 0.004
201612 0.040 101.863 0.052
201703 1.178 102.862 1.509
201706 -0.235 103.349 -0.300
201709 -0.293 104.136 -0.371
201712 0.353 104.011 0.447
201803 0.531 105.290 0.665
201806 0.295 106.317 0.366
201809 -0.232 106.507 -0.287
201812 0.335 105.998 0.416
201903 0.577 107.251 0.709
201906 0.728 108.070 0.888
201909 1.282 108.329 1.559
201912 0.072 108.420 0.088
202003 -0.060 108.902 -0.073
202006 1.697 108.767 2.056
202009 0.515 109.815 0.618
202012 -0.190 109.897 -0.228
202103 1.531 111.754 1.805
202106 0.171 114.631 0.197
202109 0.737 115.734 0.839
202112 0.023 117.630 0.026
202203 1.570 121.301 1.706
202206 0.022 125.017 0.023
202209 0.282 125.227 0.297
202212 1.623 125.222 1.708
202303 -0.811 127.348 -0.839
202306 0.057 128.729 0.058
202309 0.310 129.860 0.315
202312 1.239 129.419 1.262
202403 0.277 131.776 0.277

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


RB Global  (NYSE:RBA) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

RB Global's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=74.21/1.93
=38.45

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of RB Global was 151.06. The lowest was 28.14. And the median was 50.43.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


RB Global Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of RB Global's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


RB Global (RB Global) Business Description

Industry
Traded in Other Exchanges
Address
Two Westbrook Corporate Center, Suite 500, Westchester, IL, USA, 60154
RB Global operates the world's largest auction for heavy equipment. The company started as a live auctioneer of industrial equipment, since then it has greatly expanded its operations to include the sale of construction, agricultural, oilfield, and transportation equipment. RB Global operates over 40 live auction sites in more than 12 countries, along with online marketplaces, including IronPlanet, Marketplace-E, and GovPlanet. Its agricultural auctions are frequently much smaller venues and can include liquidations of single farms. The company holds over 300 auctions yearly and sells $6 billion worth of equipment.
Executives
Darren Jeffrey Watt officer: Gen. Counsel & Corp. Secretary C/O RITCHIE BROS. AUCTIONEERS INC., 9500 GLENLYON PARKWAY, BURNABY A1 V5J 0C6
James J Jeter officer: President, Sales U.S. C/O RITCHIE BROS. AUCTIONEERS INC., 9500 GLENLYON PARKWAY, BURNABY A1 V5J 0C6
Ann Fandozzi director, officer: CEO C/O RITCHIE BROS. AUCTIONEERS INC, 9500 GLENLYON PARKWAY, BURNABY A1 V5J 0C6
James Francis Kessler officer: Chief Operating Officer C/O RITCHIE BROS. AUCTIONEERS INC., 9500 GLENLYON PARKWAY, BURNABY A1 V5J 0C6
Timothy J. O'day director TWO WESTBROOK CORPORATE CENTER, SUITE 50, WESTCHESTER IL 60154
Baron Concors officer: Chief Information Officer C/O 9500 GLENLYON PARKWAY, BURNABY A0 V5J 0C6
Andrew John Fesler officer: Chief People Officer C/O RB GLOBAL, INC., 2 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Megan Anne Cash officer: Principal Fin. & Acctg Officer C/O RB GLOBAL, INC., 2 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Erik Olsson director C/O RSC HOLDINGS INC., 6929 E. GREENWAY PARKWAY, SCOTTSDALE AZ 85254
Michael D Sieger director C/O THE PROGRESSIVE CORPORATION, 6300 WILSON MILLS ROAD, MAYFIELD VILLAGE OH 44143
Adam Dewitt director 39 SOUTH LASALLE STREET, SUITE 220, CHICAGO IL 60603
Sarah E. Raiss director 6565 N. MACARTHUR BLVD., SUITE 800, IRVING TX 75039
Carol Stephenson director 300 RENAISSANCE CENTER, M/C:482-C24-A68, DETROIT MI 48265-3000
Robert George Elton director C/O RITCHIE BROS. AUCTIONEERS INC., 9500 GLENLYON PARKWAY, BURNABY A1 V5J 0C6
Lisa Hook director NEUSTAR, INC. - C/O DENIS CURRAN, 46000 CENTER OAK PLAZA, STERLING VA 20166